Yes, 12 USC 411 states that federal reserve notes may be redeemed for lawful money at any federal reserve bank. Every bank in the country is a federal reserve bank & is required to honor your 12-411 process.

No, the process only applies to income received by you or your business.

Each business can apply the 12-411 process separately to it’s tax returns.

Yes, 1099 income can be declared as non-taxable under the process.

No, payroll taxes are separate and not impacted by the 12-411 process

Yes, your employees will benefit from the process, they will keep 100% of the income you pay them going forward.

Yes, these payments can be made non-taxable with 12-411 process.

Yes, withdrawals from 401(k)s, IRAs, and pensions can be made non taxable with the 12-411 process.

Once implemented, we will show you how to create monthly records that make your 12-411 process fully non negotiable

Yes, you can apply the process to both personal and business income tax returns

Lawful money describes non-taxable currency issued by the US treasury, whereas Federal Reserve Notes are part of the fractional reserve banking system any time federal reserve notes are deposited into your bank account, it creates a taxable event.

The process dates back to the Federal Reserve Act of 1913, which created the distinction between Federal Reserve Notes and lawful money.